Market Report, "Taiwan Pharmaceuticals & Healthcare Report Q2 2014", Published
On the back of the rising aged dependency ratio, demands for long-term care and welfare expenditure are expected to rise in Taiwan, adding further weight on the government's fiscal burden. In this respect, we particularly highlight the rising importance of elderly care, which will benefit nursing home providers, medical device companies and pharmaceutical firms looking to enter developed countries in the region. Meanwhile, generic drug firms will benefit from the increased use of generic medicines in the region, although the...
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